Suburban Propane Partners (SPH) Misses Q1 EPS by 31c, Revenues Miss

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Suburban Propane Partners, L.P. Announces First Quarter Results

February 7, 2019 7:30 AM EST

WHIPPANY, N.J., Feb. 7, 2019 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, today announced earnings for its first quarter ended December 29, 2018.

Net income for the first quarter of fiscal 2019 was $27.7 million, or $0.45 per Common Unit, compared to net income of $37.2 million, or $0.61 per Common Unit, in the prior year first quarter.  

Net income and EBITDA for the first quarter of fiscal 2018 included a $4.8 million... More